Tag: Sanusi Lamiɗo Sanusi

“Govt. borrowing billions to fix infrastructure problems” — Presidency replies Sanusi

Aminu Imam
Presidency replies Sanusi2

Special Adviser to President Bola Tinubu on Policy Communication, Daniel Bwala, has said the Federal Government is borrowing billions of dollars to fund critical infrastructure projects across the country. Bwala made the comment while reacting to remarks by the Emir of Kano, Muhammed Sanusi, who noted that Nigeria requires between $30 billion and $100 billion annually to address its infrastructure deficit. In a post on 𝕏, Bwala stated: “Your Royal Highness, we are simply borrowing to invest in the most important areas of our economy, with infrastructure being the most…

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“Why are we still borrowing if we”re not paying subsidy?” – Sanusi challenges FG

Aminu Imam
Sanusi challenges FG

…As Akpabio defends debt strategy A growing debate over Nigeria’s fiscal direction has intensified, with the Emir of Kano, Sanusi Lamiɗo Sanusi, questioning the Federal Government’s continued reliance on borrowing despite the removal of petrol subsidy, while Senate President Godswill Akpabio insists the country’s debt remains within sustainable limits. Sanusi, a former governor of the Central Bank of Nigeria (CBN), raised concerns about what he described as inconsistencies in Nigeria’s fiscal management, asking why borrowing persists even after the elimination of a major expenditure burden. Speaking in an interview, he…

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